Women are gaining more seats in the corporate boardroom, a movement that figures to gain steam from fresh strategies like a new California law and the clout wielded by financial heavyweights such as Goldman Sachs.
A Midwestern pension plan has invested directly in two domestic fixed-income emerging managers while formally terminating its relationship with manager-of-managers Progress Investment Management Company.
Pictet Alternative Advisors SA (PAA), the Pictet Group’s wholly-owned alternative investment firm, has closed its first direct real estate fund, Elevation I, at its hard cap of €700 million.